ESPE SPA (ESPE.MI) Stock Technical Analysis
Europe • Euronext Milan • BIT:ESPE • IT0005573818
Overall ESPE gets a technical rating of 2 out of 10. In the last year, ESPE was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than ESPE.
- ESPE is one of the lesser performing stocks in the Electrical Equipment industry. 74% of 67 stocks in the same industry do better.
- In the last month ESPE has a been trading in the 2.96 - 3.34 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
ESPE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.97, a Stop Loss order could be placed below this zone.
More info and screens
2.94
We found 1 important support area.
- A support zone ranging from 2.97 to 2.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.00 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.21 from a horizontal line in the weekly time frame.
- Resistance @3.27 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ESPE.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ESPE.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ESPE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESPE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ESPE.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 44.42 | NEUTRAL | The RSI value for ESPE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ESPE.MI has a negative trend. |
| Stochastics (14,3) | 15.79 | OVERSOLD | The low Stochastics value suggests ESPE.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ESPE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for ESPE.MI suggests a possible start of a new trend. |
BIT:ESPE (1/13/2026, 7:00:00 PM)
2.98
-0.06 (-1.97%)
ESPE SPA / ESPE.MI FAQ
Can you provide the ChartMill technical rating for ESPE SPA?
ChartMill assigns a technical rating of 2 / 10 to ESPE.MI.
Can you provide the trend direction for ESPE SPA?
The current trend direction for ESPE SPA (ESPE.MI) is Bullish.
What is the RSI signal for ESPE stock?
ESPE SPA (ESPE.MI) has an RSI value of 44.4207. This indicates that the stock is currently neutral.
What is the short term momentum for ESPE stock?
The short term momentum for ESPE SPA (ESPE.MI) is negative.
What is the buy/sell signal for ESPE SPA (ESPE.MI) stock?
The buy/sell signal for ESPE SPA (ESPE.MI) is hold as the short term and long term trends are mixed.